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Double Dojis Exploration for Amibroker (AFL)
Rating:
4 / 5 (Votes 21)
Tags:
amibroker, exploration, pattern
This exploration can be run on any Market to point out towards entities which have formed ‘Doji’ candles on consecutive days , traders should watchout for breakouts on either side after this formation. Its a good tool to have in your arsenal.
The credit for this indicator goes to Mr.Boufalo .
Enjoy & Please VOTE if you like it , it encourages to share more .
Screenshots
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Indicator / Formula
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// double doji exploration
// By Boufalo Ver. 1.00
//
SetChartOptions(0,chartShowArrows|chartShowDates);
Plot( C, "Close", ParamColor("Color", colorBlack ), ParamStyle("Style") | GetPriceStyle() );
doji = (O == C);
NearDoji1 = (abs(O-C)<= ((H-L)*0.1));
NearDoji2 =NearDoji1 AND Ref(NearDoji1,-1);
NearDoji3 =NearDoji1 AND Ref(NearDoji1,-1) AND Ref(NearDoji1,-2);
showDoji = ParamToggle("NearDoji ","SHOW|HIDE",1);
if( showDoji )
{
PlotShapes( shapeDigit0*doji , colorGreen, 0, H, 45 );
PlotShapes( shapeDigit1*NearDoji1 , colorBlue, 0, H, 30 );
PlotShapes( shapeDigit2*NearDoji2 , colorOrange, 0, H, 30 );
PlotShapes( shapeDigit3*NearDoji3, colorBrightGreen, 0, H, 30 );
}
Filter = NearDoji2 OR NearDoji3 ;
AddColumn (NearDoji1 ,"1Doji ",1);
AddColumn (NearDoji2 ,"2Doji ",1);
AddColumn (NearDoji3 ,"3Doji ",1);6 comments
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5 star btw how to give rating????
Click on one of the 5 stars.
done
:)
And thanks for replying
No problem.
This would make good exploration. Could you include “Buy/Sell” formulas along with appropriate Arrows. Thanks for you help.
Dick
Thanks a lot.